EURUSD 2016-06-08

EUR/USD

1.1370

Euro so far still holding above first support 1.1325 as market start to anticipate no Fed rate hike this month

short-run support still at 1.1295 where market may head for drop correction to test before resume uptrend toward 1.1450-70 zone

however intreaday trading levels showing ability for the Euro to resume advance as market already tested first support of 1.1325 without any farther drop as we may anticipate those 2 scenarios as we see over the chart

	Support	Resistence
Level 1	1.1295	1.1390
Level 2	1.1245	1.1450-70
Level 3	1.1215	1.1525